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Month: January 2022

OC-based JV gets $77M loan for Inland Empire residential

The city of Montclair with Village Partners founding principal J. Donald Henry and Bascom co-founders Jerry Fink, David Kim, and Derek Chen. (TheCityofMontclair.org, Village Partners, Bascom) A pair of Orange County developers is set ...

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  • 04 Jan
  • The Real Deal
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Apartment complex underway at infill site in Sherman Oaks

  13267-13277 West Moorpark Street (Google Maps/Labyrinth) Construction is underway on a long-vacant site in Sherman Oaks. Grading has begun at 13267-13277 West Moorpark Street, an empty lot at the northeast corner of Fulton Avenue and ...

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  • 03 Jan
  • The Real Deal
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Rexford rounds out 2021 with push toward $2B

Rexford Industrial Realty co-CEOs Howard Schwimmer and Michael Frankel with 2391-2393 Bateman Avenue (Rexford Industrial Realty, Google Maps) Talk about your holiday shopping spree. Rexford Industrial Realty spent $270 million in ...

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  • 03 Jan
  • The Real Deal
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Coinbase founder buys Bel Air manse for $133M

10671 Chalon Road and Coinbase CEO Brian Armstrong (Google Maps, John Pawson, Getty) UPDATED, Jan. 3, 6 p.m. ET: Well this was a nice Christmas present. On December 22, a luxury Bel Air compound with a main house designed by the ...

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  • 03 Jan
  • The Real Deal
  • Uncategorized
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In production: a $40M movie studio in Texas

Alton Butler, owner of Line 204 Studios, along with a rendering of the Bastrop 552 Studio project planned at 1240 Lovers Lane just outside of Bastrop, Texas (Getty Images, STG Designs, iStock) Alert the paparazzi. A 546-acre film ...

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  • 03 Jan
  • The Real Deal
  • Uncategorized
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Sony Music Publishing plants flag in Hollywood

Sony Music Publishing CEO Jon Platt and 1024 North Orange Drive in Hollywood (Google Maps, Getty) Sony Music Publishing is planting its roots in Hollywood, The Real Deal has learned. The music distributor signed a lease at a ...

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  • 03 Jan
  • The Real Deal
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Onni Group picks up Hollywood office property with big potential

7000 Romaine Street and 948 Sycamore Avenue (Google Maps) Onni Group has purchased a historic development site in Hollywood. The Toronto-based investor and developer purchased the nearly two-acre site at 7000 Romaine Street and 948 ...

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  • 03 Jan
  • The Real Deal
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In 2021, more money was borrowed to buy homes than ever before

(iStock) Charge it! More money was borrowed to buy homes by Americans in 2021 than ever before. The Wall Street Journal is reporting that mortgage lenders handed out more than $1.6 trillion in loans in 2021, beating the record of $1.15 ...

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  • 02 Jan
  • The Real Deal
  • Uncategorized
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Dallas hotel REIT to buy Ritz-Carlton Reserve in Puerto Rico for $187M

Dorado Beach Hotel with Braemar Hotels & Resorts Inc. CEO Richard J. Stockton (Braemar, Ritz Carlton) Braemar Hotels & Resorts is buying a boutique hotel in Puerto Rico, where billionaire John Palson is seeking to sell the ...

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  • 02 Jan
  • The Real Deal
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One year after bombing, Downtown Nashville focuses rebuild on residents

Second Avenue in Downtown Nashville after the bombing on Christmas Day, 2020. (Getty) A little more than a year after the bombing of a stretch of Second Avenue in Downtown Nashville by a man tangled up in conspiracy theories, the ...

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  • 02 Jan
  • The Real Deal
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